Siemens Gamesa replaces CEO after three profit warnings By Reuters
© Reuters. FILE PHOTO: A wind turbine model with the Siemens Gamesa logo in Zamudio, Spain June 20, 2017. REUTERS/Vincent West/File Photo
MADRID (Reuters) – Struggling wind turbine maker Siemens Gamesa said on Wednesday that Siemens Group veteran Jochen Eickholt would succeed Andreas Nauen as chief executive, nearly two weeks after he issued his third profit warning. in nine months.
“Siemens Gamesa is experiencing significant challenges in its onshore business in a very difficult market,” Siemens Gamesa Chairman Miguel Angel Lopez said in a statement.
“We have appointed a leader with a strong track record in handling complex operational situations and successfully turning around underperforming businesses,” Lopez added.
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